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Under Armour could offer up $100 million in stock

By Darren Rovell
ESPN.com

Friday, August 26, 2005

Like Phil Knight, who two decades before sold Nike shoes out of his car, Under Armour founder Kevin Plank's first warehouse in 1996 was also his trunk. Plank, a former University of Maryland running back, sold $17,000 worth of his shirts that year. Today, Under Armour, based in Baltimore, is a booming business, with net revenues surpassing $200 million last year. And Friday, the company declared its intention to go public by filing its registration with the Securities and Exchange Commission ...

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